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Bulgarian Film Industry: "Sun and Shadow" of the Transition. Markets, Policies, Deficits

Author

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  • Bilyana Tomova

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

Object the present study is the Bulgarian film industry, the subject of the analysis are the crises in its genesis during the transition. The main research hypothesis is that crises have a form of market and non-market failures, and are a reflection of the specificity of the product, the national cinema market and cultural policy during the period under review. And part of the defects are a reflection of the global crises of the emergence of new business models related to digitalization. In the course of the study outlined the paradox in the Bulgarian film industry: a serious economic contribution of macro level (value added, employment, number of firms), in combination with the instability of micro producer companies and monopolized and integrating markets of distribution and exhibition. As a result-limited access of the audience and the low efficacy of film production. Output from this harrowing development through crises are transformations-transformations to new business models through new sectorial policies.

Suggested Citation

  • Bilyana Tomova, 2014. "Bulgarian Film Industry: "Sun and Shadow" of the Transition. Markets, Policies, Deficits," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 199-233, December.
    • Handle: RePEc:nwe:natrud:y:2014:i:3:p:199-233
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    More about this item

    Keywords

    film industry; producer; capital resources; financial resources; legislative regulation; market and non-market failures; economic contribution; audience; cultural policy; new business model; crisis; transition.;
    All these keywords.

    JEL classification:

    • Z10 - Other Special Topics - - Cultural Economics - - - General
    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media
    • L88 - Industrial Organization - - Industry Studies: Services - - - Government Policy

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